Hardcastle & Waud Manufacturing Company Limited has executed an agreement for the sale of its immovable property located in Kolkata. The property, identified as Unit No. 7A along with a car parking space in Sagar Estate, was sold for ₹1,14,61,000 (Rupees One Crore Fourteen Lakhs and Sixty-One Thousand). This transaction is in compliance with SEBI’s disclosure regulations, and all requisite details have been submitted.
Property Sale Announced
Hardcastle & Waud Manufacturing Company Limited has announced the execution of an agreement for the sale of a key immovable asset. This sale pertains to the company’s property designated as Unit No. 7A, which includes a car parking space. The property is situated on the 3rd floor of the building known as Sagar Estate, located at Premises No. 2, Narendra Chandra Dutta Sarani (formerly known as No. 2, Clive Ghat Street), Block No. 6, Holding No. 2, Kolkata – 700001.
Transaction Details
The sale agreement was entered into with Mr. Mayank Rungta. The total consideration for this transaction amounts to ₹1,14,61,000, which translates to Rupees One Crore Fourteen Lakhs and Sixty-One Thousand. The company has confirmed that this transaction does not involve any related parties from the promoter group and is conducted on an arm’s length basis.
Regulatory Compliance
This intimation is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company is providing all the necessary details as required under the SEBI Master circular dated January 30, 2026, concerning the sale of material assets. No other specific terms or conditions beyond the standard sale agreement were disclosed as significant.
Source: BSE
